Joe Saluzzi, Partner and Co-Founder of Themis Trading LLC joins Freddy Brick on Zer0esTV to dive into the latest stock market flash crash. We get it, you’re probably sitting there and thinking, “Wait, stocks only go up?” Well, in this episode, Joe details the recent chaos for a number of listed stocks, with the most prominent victim being Warren Buffett’s Berkshire Hathaway. For those wondering what went on in the early hours of Monday, June 3rd; Joe is here to explain the intricacies of market structure. Ironically, it’s those preventative regulations that contributed to the very thing they’re designed to prevent. And as an added bonus, Joe wraps up by explaining the motivations behind a recently proposed Texas stock exchange.
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